Private Equity

Energy / oil & gas

Drax to acquire ONCAP-backed Pinnacle for C$831m

Pinnacle Renewable Energy, a Vancouver-based producer of industrial wood pellets, has agreed to be acquired by an affiliate of British electrical power generation company Drax Group.

6 min read · 08 February 2021

Trilantic and EIP to invest in Powin

Trilantic North America and Energy Impact Partners have agreed to acquire a controlling stake and invest in Tualatin, Oregon-based Powin Energy Corporation, a maker of battery energy storage solutions.

4 min read · 04 February 2021

PFM Capital among investors funding growth of Switch Power

Calgary-based sustainable power producer Switch Power Corp has closed financing totaling C$5 million.

4 min read · 03 February 2021

Cresta offers to buy Come-by-Chance refinery owner: Reuters

Cresta Fund Management has offered to buy a majority stake in North Atlantic Refining Ltd, owner of the idled Canadian 135,000 barrel-per-day Come-by-Chance refinery, Reuters reported.

1 min read · 03 February 2021

IFM, Ontario Teachers' to buy Enwave's Canadian energy operations

IFM Investors and Ontario Teachers' Pension Plan have agreed to acquire the Canadian district energy operations owned by Toronto-based Enwave Energy Corp.

3 min read · 02 February 2021

QIC and Ullico buy Enwave Energy US

QIC and Ullico will acquire Enwave Energy's U.S. business.

3 min read · 02 February 2021

PE-backed Priority Power buys Satori Energy Solutions

Priority Power Management, which is backed by Ara Partners, has acquired Chicago-based Satori Energy Solutions LLC, an energy service firm.

3 min read · 01 February 2021

Tailwater to acquire midstream service providers

Tailwater Capital LLC has agreed to acquire Tall Oak II and Tall Oak III from EnCap Flatrock Midstream.

4 min read · 27 January 2021

Enerplus to acquire Bruin E&P shares in $465m deal

Calgary-based oil and gas explorer and producer Enerplus Corp has agreed to acquire the shares of Bruin E&P HoldCo, a company holding Williston Basin properties in North Dakota.

7 min read · 26 January 2021

Clairvest-backed NovaSource merges with SunSystem

NovaSource Power Services, a portfolio company of Canadian private equity firm Clairvest Group, has merged with SunSystem Technology.

4 min read · 26 January 2021

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